In January, the domestic silicon material market continued to rise and continued to push up. The prices of domestic and imported materials rebounded to varying degrees. According to the monitoring of the business society, polysilicon rose by 5.25% in January. The main reason is that with the normalization of operation rate of silicon material enterprises, the production capacity has basically reached the limit. However, the downstream silicon material manufacturers have increased their procurement efforts, which coincides with the centralized production of silicon wafer in the downstream. Under the superimposed influence, the price of polysilicon continues to rise. As of January 29, according to the monitoring of the business agency, the current domestic mainstream transaction price of polysilicon with grade I solar material is 57000-60000 yuan / ton, and the tax inclusive price of polysilicon in non China region is 66000-70000 yuan / ton

Since the middle of December 2020, polysilicon has got rid of the fate of hovering at the bottom, and the price has begun to rise. In 2021, the market atmosphere is more positive. Both the transaction price of domestic manufacturers and the price of imported goods have a considerable upward range, especially the increase of monocrystalline silicon is relatively strong. Affected by this, although the increase of polycrystalline silicon is not as large as that of monocrystalline silicon, the market continues to warm up Still in the pattern of supply and marketing, the whole silicon industry ushered in a small spring market before the Spring Festival.

First of all, from the supply side, at present, the operating rate of domestic polysilicon manufacturers remains high. In January, about 11 domestic polysilicon manufacturers are in normal operation, especially in Sichuan, Ordos, Inner Mongolia and other regions, which provides an increase in market supply. However, the current high operating rate does not lead to stock accumulation, and enterprises generally sign good orders Orders in January have been signed, and most manufacturers have signed orders in February.

There are two main factors: first, the centralized production capacity of downstream silicon wafer manufacturers brings new vitality to the market. Second, the centralized purchasing behavior before the Spring Festival also expanded the demand for silicon materials, and the downstream purchasing volume increased significantly. And recently downstream manufacturers are also accelerating the process of digestion. In particular, considering the risk factors of traffic congestion caused by the epidemic in the later stage, the downstream enterprises generally order in advance, so that the silicon material can be increased in large volume.

In the near future, it is expected that polysilicon will maintain a relatively strong trend before the year, the operating rate of enterprises is expected to maintain a high level in the near future, there are few maintenance plans for enterprises, and the supply is mainly stable. In addition, the demand for polysilicon materials should be maintained at a high level due to the continuous large-scale procurement of downstream silicon chips before the festival. In addition, due to the impact of the epidemic, there are certain risk factors in transportation, and the price of polysilicon may be easy to rise but difficult to fall before the Festival. After the festival, it is necessary to observe the inventory consumption rate of downstream silicon wafer manufacturers. At present, there is a risk of inventory accumulation in the downstream. If the shipment slows down in the later stage, the polysilicon material may stop rising or fall back.

Note: the above price includes tax